Displaying items by tag: Capacity

Brazil: The Administrative Court of the Brazilian Administrative Council of Economic Defence (CADE) has approved Companhia Siderúrgica Nacional subsidiary CSN Cimentos’ acquisition of LafargeHolcim Brasil, ‘without restrictions.’ The acquisition more than doubles CSN Cimentos’ capacity to 16.3Mt/yr, giving it the largest market share, ahead of InterCement Brasil.

Vietnam: Xuan Tanh Cement plans to commission its upcoming 4.5Mt/yr Ha Nam cement plant in October 2022. Viêt Nam News has reported that the new plant will bring Ha Nam province’s cement capacity to 10Mt/yr.

Vietnam consumed approximately 63.5Mt of cement in 2021.

India: Dalmia Bharat sold 6.2Mt of cement in the first quarter of its 2023 financial year, up by 27% year-on-year from 4.9Mt in the first quarter of its 2022 financial year. Its sales revenues also rose by 27%, to US$417m from US$327m. The growth failed to translate into increased profitability, however, with the company recording a profit after tax of US$25.9m, down by 27% from US$35.3m.

Dalmia Cement (Bharat) Managing Director and CEO Mahendra Singhi said “I am pleased with our performance this quarter. Our sustained efforts on operational efficiencies and cost rationalisation have enabled us to mitigate the adverse impact of inflation and deliver our lowest total cost of production. Our capacity expansion projects are on track, and we have added 2Mt/yr of clinker capacity and 1.1Mt/yr of cement capacity, which takes our cement capacity to 37Mt/yr. We remain firm on our Carbon Negative Roadmap, and during the quarter have installed 41.4MW of renewable energy infrastructure.”

Kenya: East Africa Portland Cement began work to replace a 16.5m-length of kiln shell at its Athi River cement plant at the end of July 2022. The producer says that the project will increase the kiln line’s capacity by 1400t/day.

Managing director Oliver Kirubai said "Due to the high costs of energy and an old clinker line, the board has prioritised efficiency and reliability of our integrated plant operations to drive cost optimisation.”

India: Adani Group has secured US$5.25bn-worth of bank loans from Barclays, BNP Paribas and Citigroup for its acquisition of Holcim’s Indian cement businesses ACC and Ambuja Cements. The Business Standard newspaper has reported that the group plans to expand its cement capacity by 43% to 100Mt/yr from 70Mt/yr.

Vietnam: Taiwan-based Chinfon Cement has received clearance to expand its installed cement capacity to 4.2Mt/yr, according to the Viet Nam News newspaper. Chinfon Cement operates an integrated cement plant in Trang Kenh and a grinding plant in Hiep Phuoc.

India: UltraTech Cement plans to increase its installed cement production capacity to 154Mt/yr by the beginning of the 2026 financial year on 1 April 2025. The increase represents a composite annual growth rate of 10% from 115Mt/yr at the start of the 2023 financial year. The Economic Times newspaper has reported that the producer plans to carry out the expansion in two phases.

Indian domestic cement consumption is forecast to continue growing by 5% year-on-year over a five-year period to July 2027.

Colombia: Federación Interamericana del Cemento (FICEM) and the Global Cement and Concrete Association (GCCA) have announced their next steps to accelerate the decarbonisation of cement production in Latin America and the Caribbean. The partners have named Colombia as the region’s first Net Zero Accelerator host country. The initiative works to identify barriers to decarbonisation and to recommend policy changes to make an immediate impact. Along with fellow Net Zero Accelerator host countries Egypt, India and Thailand, Colombia brings the total coverage of the initiative to 10% of global cement capacity.

GCCA chief executive officer Thomas Guillot said “The urgency of addressing climate change becomes clearer every day. Last year, our industry made a breakthrough Net Zero global commitment to reduce our carbon footprint, and we are now driving action in Latin America to make real change in one of the regions predicted to use the most concrete and cement in the coming decades. Our Roadmap Accelerator programme, previewed today by our members and affiliate (FICEM) at Latin America and the Caribbean Climate Week, highlights the tailored policies and tools we will use to ensure that Net Zero concrete and cement is achieved by 2050.”

India: Shree Cement’s board of directors has approved the company’s plans to establish a new US$321m cement plant in Andhra Pradesh’s Guntur district.

Shree Cement currently commands an installed capacity of 46.4Mt/yr. In the 2022 financial year, it produced 30Mt of cement, corresponding to a capacity utilisation of 30%.

India: UltraTech Cement plans to invest US$1.67bn to expand its cement production capacity to 160Mt/yr. This corresponds to a capacity cost of US$76m/Mt/yr. The Business Standard newspaper has reported that the investment is part of parent company Aditya Birla’s planned US$9.91bn spending package to expand existing capacities and enter new sectors, including paints, via its subsidiary Grasim Industries. The investments will affect both its Indian operations and those overseas.